This is how Rumors are Planted in the media though the company could be negotiating but the
management well known for Insider Trading neither accepts nor denies this in shady operations,
RIL could create value for its shareholders from a potential M&A in the telecom business, if it enters into a strategic partnership with a global telecom player who is willing to pay a ?premium? price to gain a strategic entry into the Indian market, notwithstanding the unfavorable business economics in the near term. A global telecom player could find the Indian telecom business attractive in the long run due to (1) significant growth prospects given limited data penetration, (2) likely consolidation of the industry and (3) its own low cost of capital.
